News > Edtech startup Unacademy's valuation touches $2B

Edtech startup Unacademy's valuation touches $2B

Newsdig | 26/11/2020 08:42 AM | Click to read full article

Unacademy, which turned unicorn earlier this year, has raised undisclosed funds from Tiger Global Management and Dragoneer Investment Group. The latest transaction values the ed-tech startup at $2 billion. Unacademy did not clarify how it intends to spend the fresh capital.

This round follows its $150 million fund-raise from SoftBank Vision Fund 2 in September. Unacademy's existing investors General Atlantic, Sequoia Capital, Nexus Venture Partners, Facebook, and Blume Ventures had also participated in the round.